What is the Depreciation Calculator?
Calculate straight-line depreciation and the book value of an asset.
Enter asset cost, salvage value, useful life and years elapsed and the Depreciation Calculator returns depreciation per year, accumulated depreciation, book value now and depreciation rate. Results update as you type, and nothing you enter leaves your device.
How it is calculated
Yearly depreciation = (Cost − Salvage value) ÷ Useful life
How to use it
- Enter asset cost.
- Enter salvage value.
- Enter useful life in years.
- Enter years elapsed in years.
- Read depreciation per year in the results panel. It updates as you type.
- Change any value to compare scenarios, or use Share to send the result as a link.
Worked example
Common questions
What formula does the Depreciation Calculator use?
It uses: Yearly depreciation = (Cost − Salvage value) ÷ Useful life.
What do I need to use the Depreciation Calculator?
You need asset cost, salvage value, useful life and years elapsed. Sensible starting values are filled in so you can see how it works straight away.
Is the Depreciation Calculator free, and is my data stored?
It is free with no sign-up. The calculation runs in your browser, so the values you enter are not sent to or stored on our server.